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Village Enterprise Closes Investment for First Development Impact Bond for Poverty Alleviation in Sub-Saharan Africa
"This DIB, which pays Village Enterprise for improvements in income levels of extreme poor households, is remarkable because of the ambitious outcomes it incentivizes…. We also hope to generate important lessons on how to effectively commission, adapt and scale promising poverty alleviation programs"
- Region
- Sub-Saharan Africa
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Viewpoint: Buzzwords and tortuous impact studies won’t fix a broken aid system
Fifteen leading economists, including three Nobel winners, argue that the many billions of dollars spent on aid can do little to alleviate poverty while we fail to tackle its root causes.
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Press release: Dutch FMO and Rabobank Foundation Finance Kenyan Start-Up Apollo Agriculture
Apollo Agriculture has received a USD 250,000 convertible grant from FMO’s MASSIF Fund, which aims to take early high-investment risks and act as a catalyst for the growth of the private financial sector and financial inclusion in developing countries. The Rabobank Foundation has provided the start-up with a USD 250,000 loan.
- Source
- Press release
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Report: ‘No clear evidence’ social impact bonds lead to better outcomes
SIBs work by attracting investment to fund projects, often involving charities and social enterprises, and reimbursing and rewarding the investors if the project is successful.
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New financial instrument to make Brazilian cities more energy efficient
A new financial instrument will allow Brazil to increase its investment in urban infrastructure and make the country more energy efficient. The Financial Instruments for Brazil Energy Efficient Cities – FinBRAZEEC will catalyze resources from the private sector and climate funds to create new markets in the areas of efficient street lighting and industrial energy efficiency.
- Categories
- Energy
- Region
- Latin America
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Mali and International Fund for Agricultural Development ink deal to connect farmers to rural financing
By providing a range of financial products, including savings, credit and micro-insurance, the project will enable smallholder farmers to invest in the necessary infrastructure and equipment that will help them produce, store, process and better market their products.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Measuring Up: USAID Proposes New Indicators to Assess Countries’ “Journey to Self-Reliance”
“The ultimate goal of foreign assistance must be to work toward the day when foreign assistance is no longer necessary, and we must measure our work by how far every investment moves us closer to that day,” said Fine, who is Acting Assistant to the Administrator of USAID’s Bureau for Policy, Planning, and Learning.
- Categories
- Impact Assessment
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Are Impact Bonds and Outcome Funds a Solution to the Global Learning Crisis?
A related and relatively new phenomenon, Outcome Funds for Education, may further help address issues of fragmentation and inequities in funding.
- Categories
- Education